Central Iowa Blues Society Inc

Analysis

Central Iowa Blues Society Inc is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Central Iowa Blues Society Inc reported income of $98k and spending of $105k, spending 106% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income grew from $32k to $98k (+212%), an average of +212% a year. The sharpest change came in the year to December 2022, when income rose by 212%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Central Iowa Blues Society Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within IA. Charities of a similar size with the same main cause include Delaware Music Educators Associat Ion ($98k), Natchitoches-Northwestern Symphony Society Inc ($98k) and Pictura at Far Inc ($98k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 39% and program service revenue 43% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.